Coda Minerals Ltd (ASX: $COD) has requested an immediate trading halt for its securities pending the release of an announcement regarding a capital raising. The company anticipates that the trading halt will be lifted on or before market open on Tuesday, 26 March 2024.
The company has requested the trading halt in line with ASX Listing Rule 17.1 to facilitate the release of an upcoming announcement related to a capital raising. We anticipate that this will provide an opportunity for the market to be informed about the developments and the company's future plans. We are committed to keeping our shareholders and the market informed as we progress with this initiative.
Coda Minerals Ltd (ASX: $COD) has requested a trading halt in preparation for the release of an announcement regarding a capital raising. The company aims to lift the trading halt on or before market open on Tuesday, 26 March 2024. This move aligns with the company's commitment to transparency and keeping the market informed about its activities and future endeavors. The trading halt is a standard procedure to ensure that all investors have equal access to information, and the company looks forward to providing further details in the upcoming announcement.